This is the MACD version based on Hull Moving Averages, a faster MACD than traditional. This indicator will plot Hull Moving Average, or HMA on MACD style. HMA attempts to address both lag as well as to smooth out what might otherwise be a choppy line moving in a choppy market.
It is used in a very similar manner as the "regular" MACD with an advantage of being "faster" and smoother
Fast period Slow period Signal period Price to use Signal line type (0 SMMA, 1 EMA, 2 SMMA, 3 LWMA, 4 HMA)